ADVOKS GLOBAL · KENYA
President's Award Act
8. Powers of the Board
Edition: 2022-12-31 · In force
8. Powers of the Board
The Board shall have all powers necessary for the proper performance of its functions under this Act and in particular, but without prejudice to the generality of the foregoing, the Board shall have power to—(a)control, supervise and administer the assets of the Board in such manner as best promotes the purpose for which the Board is established;(b)determine the provisions to be made for capital and recurrent expenditure and for the reserves of the Board;(c)receive any grants, gifts, donations or endowments and make legitimate disbursements there from;(d)open such banking accounts for the funds of the Board as may be necessary;(e)invest any funds of the Board not immediately required for its purposes in the manner provided in section 31;(f)perform such other functions as may be necessary for the better carrying out of the functions of the Board under this Act.